CoinOtag
2025-11-20 17:55:42

Kyrgyzstan Launches Gold-Backed USDKG Stablecoin Amid Bitcoin vs Tokenized Gold Debate

Kyrgyzstan has launched USDKG, a $50 million gold-backed stablecoin pegged 1:1 to the U.S. dollar, fully backed by physical gold under state custody. This initiative supports cross-border payments and blockchain infrastructure, positioning the nation as a digital finance hub amid rising interest in tokenized assets. Kyrgyzstan’s USDKG stablecoin issuance totals $50 million, audited and compliant

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